Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| Q3 23 | -$0.19 | -$0.15 | +21.1% | — | $0 | — |
| Q2 23 | -$0.31 | -$0.24 | +22.6% | — | $0 | — |
| Q1 23 | -$0.3 | -$0.39 | -30.0% | — | $0 | — |
| Q4 22 | -$0.5 | -$0.37 | +26.0% | — | $0 | — |
| Q3 22 | -$0.48 | -$0.48 | 0.0% | — | $0 | — |
| Q2 22 | -$0.45 | -$0.42 | +6.7% | — | $0 | — |
| Q1 22 | -$0.38 | -$0.41 | -7.9% | — | $0 | — |
| Q4 21 | -$0.46 | -$0.71 | -54.3% | — | $0 | — |
| Q3 21 | -$1.66 | -$0.03 | +98.2% | — | $0 | — |
Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY22 | — | -$1.69 | — | — | $0 | — |
| FY21 | — | -$3.11 | — | — | $0 | — |
| FY20 | — | -$0.33 | — | — | $8K | — |
| FY19 | — | -$0.3 | — | — | $18K | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 |
|---|---|---|---|---|
| Revenue | $18K | $8K | $0 | $0 |
| YoY change | — | -55.6% | -100% | 0% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | — | -100% | — | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 |
|---|---|---|---|---|
| Revenue | 18K | 8K | 0 | 0 |
| Cost of revenue | 898K | 682K | — | — |
| Gross profit | -880K | -674K | — | — |
| Gross margin | -4.9K% | -8.4K% | — | — |
| Research & development | 2.3M | 3.7M | 19.4M | 16.4M |
| Selling, general & administrative | 2.6M | 2.7M | 11.1M | 21.8M |
| Operating expenses | 4.9M | 6.3M | 30.6M | 38.3M |
| Operating income | -5.8M | -6.3M | -30.6M | -38.3M |
| Operating margin | -32.1K% | -79K% | — | — |
| Non-operating income, net | — | 189K | -9.7M | — |
| Pretax income | -5.8M | -6.2M | -40.5M | -39.8M |
| Income tax | 0 | 153K | -153K | 7K |
| Net income | -5.8M | -6.4M | -40.3M | -39.8M |
| Net margin | -32.1K% | -79.8K% | — | — |
| EBITDA | -5.7M | -6.2M | -28.9M | -35.5M |
| EPS | -0.3 | -0.33 | -3.11 | -1.69 |
| Diluted EPS | -0.3 | -0.33 | -3.11 | -1.69 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 154K | — | 142K | — | — | — | — | — | — | — | — | — |
| Gross profit | -151K | — | -142K | — | — | — | — | — | — | — | — | — |
| Gross margin | -5K% | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 476K | 1.4M | 5M | 6.7M | — | 3.7M | 4.2M | 5.5M | 3M | 3.4M | 2.2M | 1.8M |
| Selling, general & administrative | 388K | 1.6M | 1.4M | 2.3M | 10.6M | 5.7M | 5.4M | 5.5M | 5.3M | 5.5M | 4.8M | 3.5M |
| Operating expenses | 864K | 3M | 6.5M | 9M | 10.6M | 9.3M | 9.6M | 11M | 8.3M | 8.9M | 7M | 5.3M |
| Operating income | -1M | -3M | -6.5M | -9M | -30M | -9.3M | -9.6M | -11M | -8.3M | -8.9M | -7M | -5.3M |
| Operating margin | -33.8K% | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | -2.5M | -2.2M | -3.5M | — | — | — | — | — | — | — | — |
| Pretax income | -1.1M | -5.5M | -8.6M | -12.5M | -39.9M | -9.7M | -9.9M | -11.4M | -8.8M | -9.4M | -7.6M | -5.9M |
| Income tax | 0 | -151K | 1K | 0 | — | 0 | 0 | 3K | 4K | 1K | 1K | 3K |
| Net income | -1.1M | -5.3M | -8.7M | -12.5M | -39.8M | -9.7M | -9.9M | -11.4M | -8.8M | -9.4M | -7.6M | -5.9M |
| Net margin | -35.2K% | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -1M | -3M | -5.9M | -8.5M | -39.7M | -8.7M | -8.9M | -10.3M | -7.6M | -8.2M | -6.2M | -4.5M |
| EPS | -0.06 | -0.24 | -0.38 | -0.55 | -0.71 | -0.41 | -0.42 | -0.48 | -0.37 | -0.39 | -0.24 | -0.15 |
| Diluted EPS | -0.06 | -0.24 | -0.38 | -0.55 | -0.71 | -0.41 | -0.42 | -0.48 | -0.37 | -0.39 | -0.24 | -0.15 |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 |
|---|---|---|---|---|
| Cash & short-term investments | 757K | 123K | 40.6M | 15.7M |
| Receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | 987K | 463K | 45.3M | 18.4M |
| Property, plant & equipment | 183K | 89K | 82K | 121K |
| Goodwill & intangibles | 6.5M | 11.1M | 10.2M | 7.8M |
| Total assets | 4.9M | 6.4M | 51M | 22.9M |
| Accounts payable | 335K | 514K | 1.5M | 3M |
| Short-term debt | — | — | — | 4.5M |
| Total current liabilities | 486K | 613K | 4.7M | 13.5M |
| Long-term debt | 5M | 640K | 9.5M | 10.3M |
| Total liabilities | 5.5M | 13.1M | 14.2M | 23.8M |
| Shareholders' equity | -605K | -6.8M | 36.7M | -899K |
| Total debt | 5M | 640K | 9.5M | 14.9M |
| Net debt | 4.2M | 517K | -31.1M | -860K |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.1M | 248.5K | 40.6M | 31.7M | 29.7M | 22.3M | 15.7M | 6.1M | 6.2M | 6.6M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 3.9M | 291.7K | 45.3M | 35.2M | 32.1M | 23.5M | 18.4M | 8.4M | 7.4M | 7.3M |
| Property, plant & equipment | — | — | 82K | — | — | — | 121K | — | — | — |
| Goodwill & intangibles | 11.3M | — | 10.2M | 9.1M | 8.7M | 8.2M | 7.8M | 7.5M | 7.2M | 5.6M |
| Total assets | 9.7M | 57.8M | 51M | 40.3M | 37.1M | 28.2M | 22.9M | 12.8M | 11.6M | 10.7M |
| Accounts payable | 1.4M | — | 1.5M | 735K | 1.1M | 1.3M | 3M | 2.5M | 3M | 2.3M |
| Short-term debt | — | — | — | 304K | 1.8M | 3.1M | 4.5M | 5.5M | 5.7M | 6.6M |
| Total current liabilities | 2.7M | 244.6K | 4.7M | 3.6M | 6.1M | 9.3M | 13.5M | 13.6M | 13.9M | 12.9M |
| Long-term debt | — | — | 9.5M | 9.3M | 12.9M | 11.7M | 10.3M | 9M | 8.5M | 7.7M |
| Total liabilities | 30.4M | 2.3M | 14.2M | 12.9M | 19M | 21M | 23.8M | 22.6M | 22.4M | 20.7M |
| Shareholders' equity | -20.7M | 55.5M | 36.7M | 27.4M | 18.1M | 7.3M | -899K | -9.8M | -10.8M | -9.9M |
| Total debt | — | — | 9.5M | 9.6M | 14.7M | 14.8M | 14.9M | 14.5M | 14.2M | 14.3M |
| Net debt | — | — | -31.1M | -22.1M | -15M | -7.5M | -860K | 8.5M | 8M | 7.7M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 |
|---|---|---|---|---|
| Net income | -5.8M | -6.4M | -40.3M | -39.8M |
| Depreciation & amortization | 72K | 75K | 1.6M | 2.7M |
| Stock-based compensation | 84K | 233K | 646K | 1.8M |
| Change in working capital | -68K | 181K | 1M | 1.5M |
| Operating cash flow | -5.7M | -5.9M | -30.8M | -28.9M |
| Capital expenditure | -50K | -17K | -1M | -1.1M |
| Investing cash flow | -50K | -17K | -1M | -1.1M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 8.7M | 10.6M | 13.3M | 5M |
| Net change in cash | 3M | 4.6M | -18.5M | -25M |
| Free cash flow | -9M | -8.1M | -31.9M | -30.1M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -5.3M | -8.7M | -12.5M | -39.8M | -9.7M | -9.9M | -11.4M | -8.8M | -9.4M | -7.6M | -5.9M |
| Depreciation & amortization | 16K | 526K | 526K | — | 663K | 651K | 694K | 721K | 755K | 797K | 841K |
| Stock-based compensation | 34K | 28K | 23K | — | 366K | 401K | 608K | 449K | 410K | 478K | 427K |
| Change in working capital | 135K | 755K | 2M | — | -788K | 353K | 167K | 1.8M | -522K | 472K | -677K |
| Operating cash flow | -2.8M | -5.2M | -6.5M | -30M | -9.4M | -8.5M | -9.9M | -5.8M | -8.7M | -5.8M | -5.3M |
| Capital expenditure | 0 | 0 | -18K | — | -39K | -30K | -23K | -14K | -26K | 0 | -5K |
| Investing cash flow | 0 | 0 | -18K | — | -39K | -30K | -23K | -14K | -26K | 0 | -5K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 4.7M | 6M | -2.9M | -15.2M | 0 | 5M | 0 | 0 | -435K | -423K | 6.3M |
| Net change in cash | 1.9M | 833K | -9.4M | -45.2M | -9.5M | -3.6M | -10M | -5.8M | -9.2M | -6.3M | 1M |
| Free cash flow | -3.2M | -5.5M | -6.9M | -31.5M | -8.9M | -7.1M | -7.4M | -6.7M | -9.2M | -5.6M | -5.9M |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY19 | FY20 | FY21 | FY22 | Current |
|---|---|---|---|---|---|
| Market cap | — | — | — | — | 5.5K |
| Enterprise value | — | — | — | — | 7.7M |
| Shares outstanding | 23.6M | 23.6M | 13M | 23.6M | 23.6M |
| Metric | FY19 | FY20 | FY21 | FY22 | Current |
|---|---|---|---|---|---|
| P/E | — | — | — | — | -0 |
| P/B | — | — | — | — | -0 |
| EV/EBITDA | — | — | — | — | -0.26 |
| Earnings yield | — | — | — | — | -1.7M% |
| FCF yield | — | — | — | — | -285.5K% |
| PEG | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | Current |
|---|---|---|---|---|---|
| Gross margin | -4.9K% | -8.4K% | — | — | — |
| Operating margin | -32.1K% | -79K% | — | — | 0% |
| Net margin | -32.1K% | -79.8K% | — | — | 0% |
| ROE | 956% | 94.5% | -109.8% | 4.4K% | 4.4K% |
| ROA | -118.5% | -100% | -79.2% | -173.3% | -95.1% |
| ROIC | -158.7% | 101.3% | -540% | 2.2K% | 1.3K% |
| Return on tangible assets | 349.9% | 135.2% | -98.9% | -262.1% | -614.5% |
| Metric | FY19 | FY20 | FY21 | FY22 | Current |
|---|---|---|---|---|---|
| Current ratio | 2.03 | 0.76 | 9.56 | 1.37 | 0.57 |
| Quick ratio | 2.03 | 0.76 | 9.56 | 1.37 | 0.57 |
| Debt / equity | -8.26 | -0.09 | 0.26 | -16.6 | -0.01 |
| Debt / assets | 1.02 | 0.1 | 0.19 | 0.65 | 1.33 |
| Net debt / EBITDA | -0.74 | -0.08 | 1.07 | 0.02 | -0.29 |
| Interest coverage | -524.8 | -61.3 | -217.9 | -25.7 | -15.2 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | Current |
|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.3 | -0.33 | -3.11 | -1.69 | -1.69 |
| EPS (diluted) | -0.3 | -0.33 | -3.11 | -1.69 | -1.1 |
| Book value per share | -0.03 | -0.29 | 2.83 | -0.04 | -0.24 |
| FCF per share | -0.38 | -0.34 | -2.46 | -1.28 | -0.71 |
| Cash per share | 0.03 | 0.01 | 3.12 | 0.67 | 0.14 |
| Capex per share | 0 | 0 | 0.08 | 0.05 | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | Current |
|---|---|---|---|---|---|
| Capex / revenue | 277.8% | 212.5% | — | — | — |
| Capex / operating cash flow | -0.88% | -0.29% | -3.3% | -3.71% | -0.18% |
| Payout ratio | — | — | — | — | 0% |